Tag: Lake Oswego Oregon

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News & Notes ~ April 2018

Greetings to our Property Blotter readers!  The market is in full swing~

Here is your look at the most recent data for the entire Portland area and how Lake Oswego fits in to this picture just below:

  • According to the RMLS Market Action Report for the Portland Metro Area, April, 2018:
    • There were 3,990 New Listings in April 2018 which was up 6.1% from April of 2017’s 3,759, and up 9.4% from the previous month/March of 2018’s total of 3,648.
    • At 2,523, April Closed Sales were up 13.7% from April 2017’s 3,088, and up 6.4% from the previous month/March 2018’s total of 2,371.
    • April’s Pending Sales (accepted offers), at 3,008 dropped 2.6% from April of 2017’s 3,043, but were up 3.9% from the previous month/March 2018’s total of 2,894
    • The Average Sale Price in April of $452,000 was up $23,200 from April 2017’s $428,800, and also up from March 2018’s $445,900 by $6,100.   

Neighborhoods: April’s Average Sale Price + 12-month Appreciation :

  • North Portland:  $428,500              6.0%   (Mar 438,700)
  • NE Portland:  $491,000                   7.6%   (Mar 478,900)
  • SE Portland:  $422,400                   7.7%   (Mar 418,600)
  • Gresham/Troutdale:   $348,400   11.6%   (Mar 356,400)
  • Milwaukie/Clackamas:  $430,200  8.7%   (Mar 423,400)
  • Oregon City/Canby:   $419,300      6.5%   (Mar 396,500)
  • Lake Oswego/West Linn:$630,500 6.6%   (Mar 631,100)
  • West Portland:    $598,800             2.3%   (Mar 597,200)
  • NW Wash County:  $525,700          6.1%   (Mar 550,200)
  • Beaverton/Aloha:     $394,600        9.0%   (Mar 386,000)
  • Tigard/Wilsonville:   $491,900        8.4%   (Mar 456,700)
  • Hillsboro/Forest Grove: $389,700  9.2%   (Mar 403,800)

LAKE OSWEGO:

The combined areas of Lake Oswego and West Linn  for the month of April 2018 reported:

    •  341 Active Listings   (Mar 306)
    •  261 New Listings     (Mar 225)
    •  192 Pending Sales  (Mar 188)
    •  154 Closed Sales      (Mar 117)
    • Average Sale Price for April: $630,500  (Mar 631,100)
      • NOTE: Higher-Priced vs Lower-Priced Homes Sales can skew the “Average” in any given month.  Lake Oswego has quite a variety, so this tends to be a less meaningful stat, generally speaking, in this niche.
    •  63 Average Days on the Market   (Mar 82)
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Market Activity ~ May 14-20, 2018

Last week 39 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 19 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type
100 KERR PKWY #51 $169,000 1 1 620 CONDO
322 CERVANTES CIR/Grnd $190,000 2 1 832 CONDO
16250 PACIFIC HWY #51 $192,500 1 1 841 CONDO
20 CERVANTES CIR $200,000 2 1.1 912 CONDO
26 CERVANTES CIR $215,000 2 1.1 912 CONDO
44 EAGLE CREST DR #1 $230,000 2 1 908 CONDO
3672 SPRING LN #4A $329,900 2 2 1117 CONDO
3101 MCNARY PKWY #6 $395,000 3 2.1 1834 CONDO
668 MCVEY AVE #58 $415,000 3 1.1 992 CONDO
14332 SHERBROOK PL $524,900 3 2.1 1770 DETACHD
17268 FERNWOOD DR $525,000 3 2 2086 DETACHD
8 GROUSE TER $569,000 4 3 2658 DETACHD
5153 JEAN RD $570,000 8 3 2400 DETACHD
328 4TH ST $624,900 2 2.1 1731 TOWNHSE
4515 OAKRIDGE RD $630,000 3 2.1 1981 ATTACHD
13805 Regency CT $659,000 4 2.1 2087 DETACHD
5540 BAY CREEK DR $675,000 3 3 2130 DETACHD
605 COUNTRY CLUB RD $689,000 5 3.1 3422 DETACHD
2765 GLEN HAVEN RD $695,000 4 2.1 2277 DETACHD
17790 OVERLOOK CIR $699,900 4 3 3637 DETACHD
45 AQUINAS ST $699,900 4 2.1 2981 DETACHD
156 DEL PRADO ST $700,000 5 4 4862 DETACHD
17986 SAINT CLAIR DR $725,000 4 3 2750 DETACHD
12 JUAREZ ST $749,000 4 3.2 3735 DETACHD
17502 ERIN CT $749,900 4 3 3056 DETACHD
4 HILLSHIRE DR $804,950 4 2.2 3232 DETACHD
2398 PALISADES CREST DR $829,900 4 2.1 3362 DETACHD
5772 BAY CREEK DR $849,000 5 3 3242 DETACHD
1500 EASTVIEW CT $849,000 4 3.1 3946 DETACHD
13984 CHELSEA DR $864,900 4 2.1 3216 DETACHD
18269 TAMAWAY DR $885,000 4 2.1 3293 DETACHD
18018 GIMLEY CT $890,000 4 3 3612 DETACHD
17960 MEADOWLARK LN $899,000 4 3.1 3400 DETACHD
4145 CHAD DR $929,900 4 2.1 3337 DETACHD
18955 BRYANT RD $1,025,000 4 2.1 3647 DETACHD
116 NORTHSHORE RD $1,100,000 4 2 2702 DETACHD
1180 CHERRY LN $1,150,000 4 4.1 4248 DETACHD
17432 KELOK RD $1,275,000 4 2.1 3023 DETACHD
140 BERWICK RD $1,395,000 4 2.1 3114 DETACHD

PENDING SALES (May 14-20, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
40 OSWEGO SMT/Upper $215,000 2 2 1140 CONDO 4
4 TOUCHSTONE #77 $239,000 3 4.1 1351 CONDO 27
1857 BOCA RATAN DR $388,000 3 2 1611 TOWNHSE 3
18543 DON LEE WAY $400,000 3 1 1099 DETACHD 7
110 KINGSGATE RD $419,900 3 2.1 1669 DETACHD 68
18319 TERRY CT $434,850 3 1.1 1191 DETACHD 4
1137 SPRUCE ST $479,900 3 2 1214 DETACHD 3
106 KINGSGATE RD $489,900 3 2.1 1669 DETACHD 5
19200 REDWING CT $499,900 4 3 2128 DETACHD 41
8 SHERWOOD CT $529,900 3 3.1 3212 DETACHD 138
14555 SHERBROOK PL $549,900 4 2.1 2942 DETACHD 8
1250 HEMLOCK ST $649,900 5 2 2465 DETACHD 13
4007 BRIAN CT $650,000 4 2.1 2282 DETACHD 5
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD 15
17423 OAK MEADOW LN $720,000 3 2.1 3125 DETACHD 132
20 INDEPENDENCE AVE $724,900 4 3 3900 DETACHD 4
6615 MCEWAN RD $775,000 3 1.1 1492 DETACHD 208
3766 RIVERS EDGE DR $799,000 5 3.1 3428 DETACHD 3
808 TIMBERLINE DR $799,000 4 2.1 3276 DETACHD 81
2484 MARYLSHIRE LN $799,000 4 3.1 4168 DETACHD 30
18360 DELENKA LN $899,900 5 3.1 4349 DETACHD 2
3144 GLENMORRIE DR $899,900 3 2.1 2582 DETACHD 132
19158 MEGAN PL $900,000 4 3.1 4910 DETACHD 50
13020 KNAUS RD $949,000 3 2.1 2545 DETACHD 2
14053 AMBERWOOD CIR $975,000 4 3 3126 DETACHD 4
3940 Canal RD $1,050,000 4 3.1 3838 DETACHD 69
17492 REDFERN AVE $1,099,900 3 2.1 2828 DETACHD 6
2057 SUMMIT DR $1,195,000 4 3.1 4694 DETACHD 105
13615 WESTLAKE DR $1,350,000 4 4.1 4050 DETACHD 130
5220 FIRWOOD RD $1,495,000 3 2.1 2507 DETACHD 9
3300 UPPER DR $2,000,000 4 2 2200 DETACHD 5

SOLD (May 14-20, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
45 EAGLE CREST DR #510 $250,000 $246,900 1 1 830 CONDO 45
5262 ROSEWOOD ST $400,000 $400,000 3 1 1550 DETACHD 7
15256 BOONES WAY $490,000 $477,500 3 2.1 1618 ATTACHD 35
19253 CHILDS CT $530,000 $500,000 3 2 1687 DETACHD 39
4 WESTMINSTER DR $585,000 $585,000 4 3 2142 DETACHD 1
17647 HILL WAY $559,900 $587,900 3 2 1787 DETACHD 4
13861 SHIREVA CT $625,000 $651,000 4 2.1 2377 DETACHD 5
2033 RIDGEWOOD RD $699,000 $680,000 4 2.1 2668 DETACHD 622
343 3RD ST $685,000 $685,000 3 3.1 2044 TOWNHSE 5
16731 ALDER CIR $699,000 $715,000 3 2.1 2301 DETACHD 7
2 SHERWOOD CT $725,000 $750,000 5 3.1 3306 DETACHD 1
2325 OAKHURST LN $789,000 $780,000 5 2.1 3627 DETACHD 51
496 10TH ST $850,000 $850,000 4 2 2854 DETACHD 15
13101 AMBER PL $1,110,000 $872,000 4 2.1 3817 DETACHD 178
4904 LOWER DR $864,900 $874,900 4 3 2844 DETACHD 3
16805 OLD RIVER DR $875,000 $885,000 3 2 1728 DETACHD 9
18171 BRYANT RD $1,247,000 $1,198,000 3 2.1 2984 DETACHD 201
937 F AVE $1,219,900 $1,200,000 5 3 2736 DETACHD 57
752 E AVE $1,250,000 $1,250,000 3 3 2818 DETACHD 0

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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Fun with Fido

Hazelia Field’s “shy” dog park
The livability of a community has so much to do with what is available to use and to enjoy. It’s a big part of the reason that I personally moved to Lake Oswego and why I continue to enjoy living here. This is important to me for my own enjoyment and also for the enjoyment of those I love, including my pets.

I think it’s rather impressive that a town the size of LO, not a very big town with just shy of 39,000 people, has 4 dog parks. All 4 of them have off leash areas.

A well-earned drink
Pilkington Park (19043 Pilkington Rd) and McNary Park (47 Becket) both have big grassy areas that allow dogs to enjoy off-leash play. These parks are not fenced in. They are open from March 15-September 15 each year.

Hazalia Field (17800 Stafford Rd) is the most impressive of the off-leash dog parks. It has two separate fenced in areas, one for normal dogs and one for shy or timid dogs. Seriously, do you know of any other town that has an off-leash dog park for shy dogs? The fenced in areas are impressive with double-gated entries to allow you to enter the park with your dog leashed and then take the leash off before you open the second gate to let them charge out to play. This park is open all year round.

Well-designed entry
The newest dog park, and what prompted me to want to write this post, just opened about a mile from my house in West Waluga Park (15775 Waluga Dr). Like the park at Hazalia Field it has a big fenced in area with a double-gated entrance. This park is open March 15-September 15.

A well-exercised dog is a well-behaved dog. With this beautiful spring weather get out there and let Fido loose. He needs a good romp just like the rest of us.
Dianne

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Market Activity ~ April 30-May 6, 2018

Last week 26 New properties entered the market in Lake Oswego, 31 moved to Pending status, and 22 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (April 30-May 6, 2018)

Address List Price # Beds # Baths Total SF Prop Type
45 EAGLE CREST DR #401 $289,000 3 2 1348 CONDO
210 S STATE ST #7 $329,900 3 2 1284 CONDO
16880 CORTEZ CT $395,000 3 2.1 1991 DETACHD
16 GREENRIDGE CT $415,000 2 2.1 1535 TOWNHSE
16141 PARKER RD $435,000 3 1 1008 DETACHD
15370 QUARRY RD $489,900 3 1.1 1540 DETACHD
622 CLARA CT $599,000 3 2 2236 DETACHD
17040 FERNWOOD DR $620,000 3 2 2399 DETACHD
2660 LOOKOUT CT $624,500 3 3 2565 DETACHD
1250 HEMLOCK ST $649,900 5 2 2656 DETACHD
5747 VICTORIA CT $694,000 4 2.1 2432 DETACHD
4087 COLTSFOOT LN $695,000 3 2 2640 DETACHD
12793 SIERRA VISTA DR $750,000 4 3.1 3650 DETACHD
19507 35TH CT $849,000 4 3 3590 DETACHD
5554 LUCE LN $849,900 4 3 3269 DETACHD
17330 GRANDVIEW CT $865,000 4 3.1 3857 DETACHD
9 1/2 HILLSHIRE DR $949,950 4 2.1 3735 DETACHD
17637 WOODHURST PL $997,000 5 3.2 4833 DETACHD
18265 RIVER EDGE CT $1,055,000 3 3.1 3464 DETACHD
2107 GOODALL CT $1,100,000 4 3 3029 DETACHD
721 7TH ST $1,249,000 4 3.1 4544 DETACHD
18262 MEADOWLARK LN $1,398,800 5 3.1 4757 DETACHD
4100 CANAL RD $1,415,000 4 3.1 4957 DETACHD
13364 ATWATER LN $1,695,000 5 6.1 5841 DETACHD
1551 LAKE FRONT RD $2,250,000 5 3 3305 DETACHD
1949 CEDAR CT $2,675,000 5 5.1 6330 DETACHD

PENDING SALES (April 30-May 6, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
96 GALEN ST / Upper $149,500 1 1 552 CONDO 3
330 CERVANTES CIR $190,000 2 1 832 CONDO 45
750 1ST ST #E31 $194,500 1 1 986 CONDO 67
4 TOUCHSTONE #141 $210,000 2 2 979 CONDO 70
3688 SPRING LN #3D $274,900 2 2 1117 CONDO 96
5262 ROSEWOOD ST $400,000 3 1 1550 DETACHD 7
805 MAPLE ST $419,900 3 2 2344 DETACHD 3
16875 TRACY AVE $465,000 4 2 1825 DETACHD 4
4555 WILDWOOD ST $499,000 3 2 1565 DETACHD 6
19200 REDWING CT $499,900 4 3 2128 DETACHD 27
4846 REDWING WAY $549,900 3 2 1607 DETACHD 16
1605 MEADOWS DR $570,000 3 2 2186 DETACHD 7
17915 RIDGE LAKE DR $615,000 4 3.1 3304 DETACHD 431
1422 ASH ST $649,000 4 3 2997 DETACHD 290
17441 BLUE HERON DR $650,000 4 3 2265 DETACHD 30
3717 UPPER DR $675,000 4 3 2240 DETACHD 4
17 SCARBOROUGH DR $680,000 4 2.1 3290 DETACHD 2
10 MORNINGVIEW LN $745,000 4 3.1 3848 DETACHD 21
14041 EDENBERRY CT $775,000 4 2.1 3077 DETACHD 8
17622 BROOKHURST DR $789,000 4 2.1 2909 DETACHD 3
19240 BRYANT RD $799,000 4 3 3452 DETACHD 3
1128 LAKE SHORE RD $799,000 2 1 1397 DETACHD 3
858 10TH ST $800,000 4 2.1 2332 DETACHD 5
17851 WESTVIEW DR $869,000 4 3.1 3433 DETACHD 50
13864 AMBERWOOD CIR $900,000 4 2.1 3115 DETACHD 4
4042 CANAL WOODS CT $949,000 4 3.1 4294 DETACHD 266
5566 LUCE LN $965,000 5 3 3088 DETACHD 39
13597 ROGERS RD $1,099,000 4 3 3945 DETACHD 276
4643 FIRWOOD RD $1,099,000 3 2.1 2790 DETACHD 25
1355 HOODVIEW LN $1,149,000 5 2 3272 DETACHD 5
18222 SIENA DR $1,595,000 4 3.1 3998 DETACHD 2

SOLD (April 30-May 6, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
147 OSWEGO SMT #21 $185,000 $185,000 2 2 1140 CONDO 1
200 BURNHAM RD #101 $194,900 $194,900 1 1 959 CONDO 181
86 KINGSGATE RD #47 $199,900 $209,500 2 2 840 CONDO 4
4053 JEFFERSON PKWY / Upper $299,900 $282,000 2 2.1 1462 CONDO 37
3844 BOTTICELLI ST $289,000 $295,000 2 1.1 1132 CONDO 5
668 MCVEY AVE #64 $295,000 $295,000 1 1 636 CONDO 7
13 BLOCH TER $415,000 $400,000 3 2.1 1972 ATTACHD 45
5861 BENFIELD CT $449,000 $432,000 4 2 1557 DETACHD 34
55 NORTHSHORE RD #10 $569,800 $470,000 2 2.1 1910 CONDO 235
652 D AVE $499,000 $505,000 3 2 1486 DETACHD 8
5101 ROSEWOOD ST $509,900 $520,000 3 2.1 1736 DETACHD 3
559 SUNNY HILL DR $577,500 $577,500 4 2.1 2234 DETACHD 129
2401 MAYORS LN $659,900 $635,000 4 3 3004 DETACHD 111
313 3RD ST $679,900 $679,900 3 3.1 1962 ATTACHD 4
5585 KILCHURN AVE $724,900 $724,900 5 2.1 2929 DETACHD 2
852 A AVE $768,000 $730,000 4 2 2362 DETACHD 83
18120 DELENKA LN $850,000 $825,000 5 2.1 3157 DETACHD 31
18341 HEATHER ANN CT $849,900 $849,900 4 3.1 2316 DETACHD 3
504 8TH ST $1,075,000 $1,060,000 4 3 2858 DETACHD 171
16860 CORTEZ CT $1,079,900 $1,092,216 4 3.1 3322 DETACHD 0
706 2ND ST $1,179,900 $1,150,000 4 2.1 2737 DETACHD 173
860 COUNTRY CMNS $1,170,000 $1,225,000 4 3 3906 DETACHD 1

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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This Week in Lake Oswego

Looking for some Springtime Fun?  Here are my picks for things happening in Lake Oswego this week! (I stayed away from meetings and focused on mostly family fun : )

Mon, May 7th 2018– 9:15am – LO Walkers! -Explore Tryon Creek, Foothills, Willamette Park & more! (Mon/Wed/Sat) CLICK HERE

Tue, May 8th, 2018 – 6:00pm – 8:00pm – Teen Duct Tape Art “Beyond the Duct Tape Wallet”  – Lake Oswego Library   CLICK HERE  

Wed, May 9th, 2018 1:00pm – 2:00pm – Performing Arts/Dorian Michael – Dorian Michael brings his fingerstyle guitar & a big bunch of blues to the Lake Oswego Library! CLICK HERE

Thu, May 10th, 2018 – 9:30am – 12:30pm – Creative Hands – Join this group of volunteers who handcraft projects with donated materials which are made into useful items and then donated to various non-profit associations- Contact the ACC at 503-635-3758 for more information.  CLICK HERE

Fri, May 11th, 2018 10:30am – 11:00am (every Friday/Birth-12 months  ; )- Baby Storytime– Lake Oswego Library  CLICK HERE

 

 

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Market Activity ~ April 23-29, 2018

Last week 25 New properties entered the market in Lake Oswego, 32 moved to Pending status, and 24 were “Closed”/Sold.

Following is the breakdown for you according to RMLS:

NEW on Mkt (April 23-29, 2018)

Address List Price # Beds # Baths Total SF Prop Type
16250 PACIFIC HWY #82 $205,000 1 1 841 CONDO
153 OSWEGO SMT Grnd $224,153 2 2 1383 CONDO
8 BRITTEN CT $399,900 2 2 1175 ATTACHD
5262 ROSEWOOD ST $400,000 3 1 2275 DETACHD
4 SUMMIT RIDGE CT $440,000 2 2.1 1576 ATTACHD
5071 W SUNSET DR $529,900 2 2.1 1734 TOWNHSE
5871 BONITA RD $539,000 4 3 2406 DETACHD
108 RIDGEWAY RD $549,000 3 1 1438 DETACHD
18679 INDIAN CREEK DR $600,000 4 2.1 2276 DETACHD
412 LIVINGOOD LN $775,000 5 2.1 3928 DETACHD
3240 WESTVIEW CT $875,000 4 3.1 3121 DETACHD
475 IRON MOUNTAIN BLVD $899,900 5 3.1 3254 DETACHD
4092 ORCHARD WAY $925,000 4 3.1 3591 DETACHD
17160 Kelok RD $935,000 5 4 4650 DETACHD
3155 UPPER DR $1,175,000 4 3 3016 DETACHD
2990 GLEN EAGLES RD $1,190,000 4 2.1 3787 DETACHD
1299 COUNTRY CMNS $1,229,000 4 4.1 3710 DETACHD
17108 CHAPIN WAY $1,429,000 4 4 4474 DETACHD
629 Middlecrest RD $1,449,000 4 4 3575 DETACHD
3822 LAKE GROVE AVE $1,500,000 5 3.1 5335 DETACHD
635 IRON MOUNTAIN BLVD $1,589,000 5 3.1 4736 DETACHD
1925 CHERYL CT $1,848,000 4 5.1 5869 DETACHD
17388 CEDAR RD $2,825,000 4 3.1 4635 DETACHD
17512 LAKE HAVEN DR $2,950,000 4 3.1 4643 DETACHD
616 CABANA LN $3,198,000 5 4 3838 DETACHD

PENDING SALES (April 23-29, 2018)

Address List Price # Beds # Baths Total SF Prop Type CDOM
750 1ST ST #E33 $179,000 1 1 986 CONDO 78
354 CERVANTES CIR 1-C $205,000 2 1.1 912 CONDO 18
4000 CARMAN DR A-7 $214,900 2 2 866 CONDO 6
3866 BOTTICELLI ST #27 $286,500 2 1.1 1132 CONDO 18
5442 JEAN RD $359,900 3 1 1224 DETACHD 16
15256 BOONES WAY $485,000 3 2.1 1618 ATTACHD 35
4902 MULHOLLAND DR $499,900 3 2.1 2495 TOWNHSE 44
13850 VERTE CT $525,000 3 2 1942 DETACHD 5
19253 CHILDS CT $530,000 3 2 1687 DETACHD 39
19350 MARLIN AVE $549,000 4 2 1820 DETACHD 3
13104 ROGERS RD $699,900 3 2.1 2646 DETACHD 1
2814 VALE CT $700,000 4 3 3192 DETACHD 21
13209 TWIN CREEK CT $719,900 4 2.1 3021 DETACHD 50
5524 WASHINGTON CT $749,900 4 2.1 2672 DETACHD 87
5575 SUNCREEK DR $759,000 4 2.1 2958 DETACHD 2
9 BUCKINGHAM TER $798,000 4 3 2766 DETACHD 5
1121 DEVON LN $825,000 6 3 2968 DETACHD 67
691 7TH ST $889,500 2 2 2450 DETACHD 9
18151 WESTVIEW DR $895,000 5 3.1 3827 DETACHD 3
18840 HILL TOP RD $899,999 3 3.1 4216 DETACHD 584
64 BERWICK RD $949,000 4 3.1 3740 DETACHD 23
3100 WESTVIEW CT $990,000 4 3.1 3725 DETACHD 113
2643 RIVENDELL RD $1,029,000 5 3.1 3466 DETACHD 47
17224 GREENTREE AVE $1,279,900 4 4 3545 DETACHD 27
18040 SKYLAND CIR $1,345,000 4 2.2 4140 DETACHD 2
16206 REESE RD $1,449,900 4 3.1 3631 DETACHD 0
1655 LESLIE LN $1,725,000 4 3.1 4805 DETACHD 341
16828 ALDER CIR $1,795,000 3 3 2363 DETACHD 99
16819 GREENBRIER RD $1,799,900 4 4 3022 DETACHD 549
1955 HIGHLANDS LOOP $1,995,000 4 4.1 4012 DETACHD 25
848 PALISADES TERRACE DR $1,995,000 4 4.1 6644 DETACHD 3
17399 CANAL CIR $2,349,000 4 3.1 4586 DETACHD 243

SOLD (April 23-29, 2018)

Address Opening Price Closed Price # Beds # Baths Total SF Prop Type CDOM
32 OSWEGO SMT/Upper $169,900 $169,900 1 1 752 CONDO 176
199 Oswego Summit #199 $194,000 $182,500 2 2 1506 CONDO 58
47 CRESTFIELD CT/Grnd $205,000 $210,000 2 1 921 CONDO 6
750 1ST ST C14 $299,900 $283,500 2 2 1350 CONDO 25
5061 FOOTHILLS DR D $299,900 $294,900 2 2 991 CONDO 183
750 1ST ST #27 $297,000 $307,000 2 2 1350 CONDO 4
6 BRITTEN CT $399,950 $374,900 2 1.1 1317 ATTACHD 46
3912 CARMAN DR $399,900 $375,000 3 2.1 1326 CONDO 22
16200 PACIFIC HWY #7 $365,000 $396,000 2 2 1190 ATTACHD 13
5325 OAKRIDGE RD $419,900 $410,000 4 2 1191 DETACHD 16
4711 REMBRANDT LN $529,900 $500,000 3 2.1 2050 DETACHD 113
1682 FIRCREST DR $539,900 $539,900 4 2.1 2304 DETACHD 4
1612 HIGHLAND DR $549,900 $550,000 4 3 2158 DETACHD 2
18706 BRYANT RD $599,900 $599,900 3 2.1 2489 DETACHD 4
13758 REGENCY CT $615,000 $600,000 3 2.1 1986 DETACHD 155
304 6TH ST $615,000 $610,000 1 1 941 DETACHD 5
4667 WINTHROP CT $769,900 $750,000 4 2.1 2235 DETACHD 12
4985 CASCARA LN $819,000 $777,000 5 2.1 3607 DETACHD 125
15985 BONAIRE AVE $900,000 $900,000 3 3 2910 DETACHD 5
426 7TH ST $960,000 $950,000 4 2.1 3088 DETACHD 49
610 9TH ST $1,349,000 $1,108,000 4 3.1 4021 DETACHD 210
505 IRON MOUNTAIN BLVD $1,245,000 $1,216,000 5 4 3015 DETACHD 462
1059 BAYBERRY RD $1,548,000 $1,500,000 5 3.1 3550 DETACHD 51
1287 CHERRY LN $2,100,000 $2,100,000 5 4.1 4997 DETACHD 0

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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Featured Property: 2990 Glen Eagles Rd

If there was an encyclopedia for real estate, under “beautiful house” would be 2990 Glen Eagles Rd. I think there are two reasons that this house is a stand-out property. First is the location. The neighborhood is very quiet with very little traffic. Yet it is in the Northwest area of Lake Oswego that is close to Boones Ferry Rd, Kruse Way, Hwy 217 and I-5. Shopping, restaurants and schools are all nearby. Second, it’s on .38 of an acre that backs to a green space. Most newer homes are in newer neighborhoods on lots that are dictated to be small by the zoning. This house is not just one more newer house in a newer neighborhood. It is located in an established older neighborhood of large lots and custom homes.

The house features 4 large bedrooms, 2.5 baths, a great room floor plan, a huge den, and a family room. It’s a total of 3787 square feet. There is a 200 square foot covered deck off of the great room that looks out to the trees and is usable year around. Built in 2010, it is that perfect age where it is still so new and yet the yard is established and the blinds have been put in. The kitchen is amazing! There is a huge cooking island but the real feature is the Jennaire stove. It’s gas with 6 burners plus a pancake griddle. It also has a double oven and a commercial-grade hood. The price is $1,190,000. This house has 4, count them with me, 4 lake easements.

I’ll be holding the house open this Sunday from noon to 2pm. Please come and see it!
Dianne

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Market Activity April 16-22, 2018

Doing these market activity reports, I get a sense of the rhythm of the market. Looking at last week’s numbers, it feels like we are really kicking into full gear. In my opinion the market peaks in June with about 35 pending sales per week. Last week we had 25 new listings, 33 pending sales, and 20 closed/sold properties. 33 pending sales is pushing close to those peak numbers. Its exciting and also hectic!

Following is the breakdown for you according to RMLS:

New on the Market (April 16-22, 2018)

Address Type Price BR Baths Sq Ft
21 Oswego Summit Condo $170,000 1 1 764
4000 Carman Dr A-7 Condo $214,900 2 2 866
4 Touchstone #77 Condo $239,000 3 2.5 1351
520 S State St 5B Condo $243,000 2 1 914
512 S State St Condo $270,000 1 1 829
99 Kingsgate Rd Detached $449,950 2 2 1224
5465 Childs Rd Detached $450,000 3 2 1487
13850 Verte Ct Detached $525,000 3 2 1942
14328 Holly Springs Rd Detached $529,000 4 2.5 1939
2814 Overlook Dr Detached $595,000 4 2.5 3348
1458 Greentree Circle Detached $680,000 4 2.5 2156
663 Carrera Ln Detached $749,900 3 2 2197
5575 Suncreek Dr Detached $759,000 4 2.5 2958
9 Buckingham Terrace Detached $798,000 4 3 2766
3075 Royce Way Detached $849,900 4 3.5 3724
2095 Ridge Pointe Dr Detached $875,000 3 2.5 3748
252 Greenwood Rd Detached $875,000 5 2 3834
691 7th St Detached $889,500 2 2 2450
5676 Suncreek Dr Detached $949,000 4 3.5 3312
15585 Manchester Dr Detached $949,000 4 3 3576
790 Terrace Dr Detached $1,195,000 4 2.5 3734
14005 Goodall Rd Detached $1,795,000 4 3.5 4886
13705 Knaus Rd Detached $1,795,000 4 3.5 5339
1115 Lake Front Rd Detached $2,295,000 4 4 4245
919 Westpoint Rd Detached $4,500,000 4 4 4995

Pending Sales (April 16-22, 2018)

Address Type Price BR Baths Sq Ft CDOM
125 Oswego Summit Condo $180,000 1 1 764 10
147 Oswego Summit #21 Condo $185,000 2 2 1140 1
199 Oswego Summit Condo $194,000 2 2 1506 58
100 Kerr Parkway #27 Condo $198,000 2 2 832 17
4 Touchstone #68 Condo $199,900 2 2 984 3
86 Kingsgate #47 Condo $199,900 2 2 840 4
4 Touchstone #148 Condo $214,900 3 2.5 1351 159
200 Burnham Rd #203 Condo $222,000 2 1 1160 18
67 Oswego Summit Condo $225,000 2 2 1212 24
4000 Carman Dr #60 Condo $225,000 2 2 866 13
3433 McNary Parkway Condo $229,000 2 2.5 1208 4
48 Eagle Crest Dr 4E Condo $305,000 2 2 1489 8
6070 Lakeview Blvd Detached $350,000 3 2 1416 5
17132 Rebecca Ln Detached $505,505 3 2.5 1763 7
55 Northshore Rd #10 Condo $519,000 2 2.5 1910 235
4391 Upper Dr Detached $529,000 4 2.5 1740 22
17647 Hill Way Detached $559,900 3 2 1787 4
4 Westminster Dr Detached $585,000 4 3 2142 1
3827 Bass Ln Detached $589,000 4 2.5 2302 42
13861 Shireva Ct Detached $625,000 4 2.5 2377 5
17960 Ridge Lake Dr Detached $750,000 4 2.5 3124 10
852 A Ave Detached $768,000 4 2 2362 56
4667 Winthrop Ct Detached $769,900 4 2.5 2235 12
1510 Fernwood Dr Detached $789,900 5 3 3291 13
2484 Marylshire Ln Detached $799,000 4 3.5 4168 3
1565 Pine St Detached $950,000 4 2 2830 32
975 Englewood Dr Detached $1,049,000 5 3.5 4024 333
1619 Bay View Ln Detached $1,175,000 5 3.5 4922 237
1875 Fernwood Dr Detached $1,224,900 4 4 3279 74
3166 Stonebridge Way Detached $1,295,000 4 2.5 3039 16
490 G Ave Detached $1,349,900 3 3.5 2959 0
15567 Village Dr Detached $1,695,000 5 4 4934 2
16865 Greenbrier Rd Detached $2,595,000 5 5 6104 33

Sold/Closed (April 16-22, 2018)

Address Type List Price Sold Price Sq Ft CDOM
4647 Lakeview Blvd D-1 Condo $179,000 $155,000 753 171
4000 Carman Dr #70 Condo $237,500 $238,000 974 4
94 Oswego Summit Condo $249,000 $240,000 1,140 4
3802 Botticelli St Condo $275,000 $280,000 1224 26
5058 Foothills Dr A Condo $364,500 $360,000 1252 101
4912 Lower Dr Detached $475,000 $469,500 1557 2
536 2nd St Attached $499,000 $490,000 1394 3
578 2nd St Condo $499,000 $492,000 1361 39
18426 Sandpiper Way Detached $535,000 $535,000 1884 5
1714 Meadows Dr Detached $539,000 $557,361 1912 5
5687 Bonita Rd Detached $589,900 $608,000 2048 9
4344 Snowbrush Ct Detached $749,000 $640,000 3255 245
17360 Hunter Ct Detached $645,900 $655,000 3272 178
2220 Hillside Dr Detached $625,000 $685,000 2201 3
3106 Rosemary Ln Detached $775,000 $725,000 2717 75
4198 Glacier Lily St Detached $724,900 $725,000 2806 4
17379 Brookhurst Dr Detached $735,000 $735,000 3140 3
3305 Cedar Ct Detached $1,098,000 $1,098,000 3986 11
13587 Meadowcreek Ln Detached $1,195,000 $1,180,000 3200 178
1221 Glenmorrie Dr Detached $1,649,000 $1,465,000 4231 205

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings.

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My Best Advice and My Hardest Job

I hope that as a reader of the Property Blotter you are getting a sense of what makes real estate happen. Linda and I really strive to provide you with data, and also with tips, pointers, and useful information. This week I thought I’d give you just two quick tid bits.

Let’s start with my best advice. In a word, chill. There are so many factors that contribute to the purchase or sale of a home. There is the buyer and the buyer’s Realtor, the seller and the seller’s Realtor, the mortgage broker, the mortgage underwriter, the title company and the escrow officer that represents the title company, the home inspector, and more. In other words, there are lots of people all doing their job to coordinate and come together to make the sale happen. With so many people involved, it doesn’t take much to create a snag. If the underwriter wants an updated tax statement, if the title company discovers an unexpected lien, if the buyer is in transit and air born on a flight to New York, all of these elements are completely normal and can cause a delay. Going into the purchase or sale of a home, know that everyone is doing their best to meet deadlines, but be prepared to be flexible. It simply is the nature of the business that things come up, so my best advice is to take a deep breath and try to remain calm. It will all come together and stressing over it accomplishes nothing useful.

As for my hardest job, it is working on behalf of my client even when it is not intuitively what I think is the best course of action. I work for my client. I know this. Occasionally, not very often mind you but occasionally, I have a client who feels the best course of action is to make a request or exercise an idea that is not something I agree with. This will never, ever happen in regards to something dishonest or illegal, absolutely not, and this is not what I am referring to here. What I am referring to is something perfectly legal and honest, but still something that I would not normally advise. Here is my example. A few years ago I represented a very particular client. It was strong seller’s market where offers were competitive and houses were selling quickly. To buy in this environment requires making the best offer possible. My buyer just did not want to pay one dollar more than necessary. That is understandable, but there are also times when a buyer must step up or they will not get into a home. This buyer simply would not do it. She made offer after offer without success.

I can give advice, and I do, but ultimately my clients decide the best course of action for themselves. My job is to LISTEN and then act upon their desires. And so, with this client, we went through the process of her learning. It took two years. By the time she came to realize that she really did have to make a competitive offer, and not try to negotiate the price, a good deal of time had gone by. Ultimately she ended up spending about 15% more for a house that had gone up in value during the time she was learning about the market. That is just really hard to experience.

So those are my two insights that I wanted to share with you this week. I think it can be summed up by saying that you will benefit by not stressing out during the course of buying or selling, and also by hiring a Realtor who will really listen to you and act on your desires, but also by listening to your Realtor and realizing that they too are offering you good advice that can help your experience go more smoothly and to your benefit.

Enjoy the sunshine!
Dianne